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On October 18, 2021, Ipsen and Accent Therapeutics announced that they have reached an exclusive global cooperation agreement to advance the research, development, manufacturing and commercialization of drugs targeting the RNA-modified protein METTL3
.
Accent's new METL3 small molecule inhibitor is designed to treat specific subtypes of acute myeloid leukemia (AML) with high unmet medical needs
AML is a difficult-to-treat blood and bone marrow cancer.
Globally, the incidence of AML has been increasing year by year in the past 20 years
.
RNA-modifying proteins (RMPs) are a class of emerging targets that represent a new strategy for the treatment of various cancers
One of the most common modifications of mRNA is the methylation of the N6 adenine base to form N6-methyladenosine (m6A)
.
The methyltransferase complex METL3/METTL14 catalyzes this modification process
Image source: Accent's official website
According to the terms of the cooperation agreement, Ipsen obtained the exclusive development rights for a METL3 small molecule inhibitor
.
Accent may receive a total of US$446 million in advance payments, preclinical, clinical, regulatory and sales milestone payments, plus future royalties for tiered sales of the product
Reference materials:
[1] Ipsen Adds Another Program Into Its Pre-Clinical R&D Oncology Pipeline Through an Exclusive Worldwide Collaboration With Accent Therapeutics, Targeting the RNA Modifying Protein, METTL3.
(The original text has been deleted)